Economy

Strong economic growth and improvements in the mining sector should see the Reserve Bank begin lifting the official cash rate by mid-year, according to HSBC.

Home loan interest rates have risen steadily throughout 2017, even though the Reserve Bank hasn’t increased the official cash rate since 2010, according to RateCity.

The CoreLogic December Hedonic Home Value Index shows that national home values fell by 0.3 per cent in the month of December.

Global investor confidence has fallen for the sixth month in a row, dropping by 1.5 points since November, according to State Street Global Exchange.

Auswide Bank has announced that it has received a first-time credit rating of BBB+/F2 (long term/short term) with a stable outlook from Fitch Ratings.

For the second year in a row, Heritage Bank is the number one financial institution in Australia for customer satisfaction, according to a global market research firm.

Standard & Poor’s has revised its outlook for an Australian bank, because it believes that there is a lesser likelihood that the bank will implement adequate capital initiative to reduce ...

Two major non-bank lenders have been acquired by American firms this year and rumours are swirling that more takeovers are on the horizon.

A new banking code of practice, which includes new protections for guarantors, notification of loan default reporting and “no more unsolicited offers to increase credit card limits”, has ...

The chairman of ANZ, David Gonski, has stressed the need for a restoration of confidence in the banking sector, pledging to adopt a “progressive” and “respectful” approach on community ...